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Pender Growth Fund Announces Strategic Merger to Enhance Software Investment Portfolio

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Pender Growth Fund Announces Strategic Merger to Enhance Software Investment Portfolio

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An announcement from Pender Growth Fund Inc. ( (TSE:PTF) ) is now available.

Pender Growth Fund Inc. has announced a merger between its subsidiary, Pender Software Holdings Ltd., and Acorn Partners Inc. This merger is set to enhance Pender Software’s operational capabilities and strategic acquisition potential, positioning it as a leading capital partner for software companies. The combined expertise from both entities aims to drive long-term value creation and expand the portfolio of software businesses, focusing on scaling operations and achieving sustained success. Pender Software is actively seeking high-quality software companies for acquisition in Canada, the United States, and the United Kingdom.

More about Pender Growth Fund Inc.

Pender Growth Fund Inc. is an investment firm focused on achieving long-term capital growth. It primarily invests in small cap, special situations, and illiquid public and private companies, with a particular emphasis on the technology sector. The company trades on the TSX Venture Exchange under the symbol ‘PTF’ and regularly updates its net asset value on its website.

Average Trading Volume: 0

See more data about PTF stock on TipRanks’ Stock Analysis page.

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